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    Hwy 47 & Main St NE Los Lunas, NM 87031

    For Sale
    $500,000

    LAND - Los Lunas, NM

    Lot size:
    1.51 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for Hwy 47 & Main St NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1011039397066000000
    Lot size
    1.51 Acres

    Utilities

    Water source
    Public

    Simply Real Estate NM INC (505) 259-2415 [email protected]

    Listing agent Kristen M Rosa (505) 803-4114 License #52733

    Listing date Sep 4, 2025

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Lunas Land For Sale

    This 1.51-acre parcel of land in Los Lunas, New Mexico, presents an opportunity for commercial or residential development. The lot features mature trees and a mostly level area, bordered by a cinderblock wall along the back. Water meter and wastewater upgrades were completed in 1998. Situated close to a high-traffic area, the location offers visibility near shopping centers and restaurants. The property benefits from streetlights and a sidewalk bordering Highway 47. This site is suitable for a new home or business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Los Lunas
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.697397
    Latitude
    34.813851

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    FAQs

    What type of property is this?
    Commercial land - 1.51 acres with commercial or residential potential in Los Lunas.
    Where is this commercial land located?
    The property is located at Hwy 47 & Main St NE Los Lunas, NM.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Commercial or residential potential offers versatile development opportunities.; - 1.51 acres of mostly level land, ready for your vision.; - Prime visibility near shopping centers and restaurants, offering excellent exposure.
    (505) 803-4114
    Request Owner's contact information
    Hwy 47 & Main St NE Los Lunas, NM 87031
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    Los Lunas, NM 87031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hwy 47 & Main St NE Los Lunas, NM 87031
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